You probably know Dodge as the maker of American automobiles like the Challenger, Durango, and Hornet. However, Dodge is actually owned by Stellantis NV (STLA -0.8%), a multinational corporation. Stellantis is a publicly traded company that's listed on the New York Stock Exchange, along with Euronext Milan and Euronext Paris exchanges. That means anyone can become part owner of Dodge and the other vehicle brands that Stellantis owns by buying its stock.
In this article, we'll explain who owns Dodge. We'll cover parent company Stellantis' largest shareholders, as well as who serves on its board of directors. We'll also walk you through the steps you need to take if you want to invest in Dodge.
Overview
Who owns Dodge?
Dodge began as a machine shop founded by brothers John and Horace Dodge in Detroit in 1901. The business grew to become the largest machine shop in Detroit and formed a partnership with Ford Motor Co. (F -0.22%) in 1903. But just over a decade later, the Dodge brothers parted ways with Ford and decided to build their own vehicle.
The first Dodge vehicles were introduced in 1914. By 1919, Dodge was producing more than 100,000 vehicles per year. In 1928, the Chrysler Corp. acquired Dodge.
In the aftermath of the global financial crisis, Italian automaker Fiat acquired a major stake in Chrysler that it gradually increased over several years. In 2014, Fiat completed the acquisition and formed Fiat Chrysler Automobiles (FCA). FCA later merged with Peugeot Invest and formed a new entity called Stellantis in 2021.
Today, Stellantis owns multiple major auto brands, including Dodge, Jeep, Chrysler, Ram, Fiat, Opel, Maserati, Citroen, and Peugeot. The company trades on the New York Stock Exchange and is a top automotive stock. It recently began selling electric vehicles in the U.S. after selling EVs in European markets for several years.
Largest shareholders
Who are the largest shareholders?
Stellantis is the sole owner of Dodge and the other brands in its portfolio. As of February 2024, the largest shareholders were:
- Exor N.V., a Netherlands-based holding company, owns almost 450,000 shares of Stellantis, or a 14.2% stake. The company's other holdings include stakes in Ferrari, Philips, Christian Louboutin, and The Economist magazine.
- Peugeot Invest, a French investment company, owns about 224,000 shares, representing a stake of roughly 7%.
- Bpifrance, a French investment bank, owns more than 192,000 shares of Dodge's parent company, Stellantis, which amounts to a stake of about 6%.
- BlackRock (BLK 0.26%), the American multinational global asset management company, owns almost 112,000 shares of Stellantis, a stake of about 3.5%.
Board of Directors
Board of directors
Who is on the board of directors for Stellantis?
Eleven individuals serve on the board of directors for Dodge's parent company, Stellantis.
- John Elkann has served as executive director and chairman of Stellantis since 2021. He's part of the Agnelli family, which founded the Fiat brand and previously served as chairman of Fiat S.p.A. He oversaw Fiat's acquisition of Chrysler, which was completed in 2014, and the merger of Fiat Chrysler and Peugeot, which led to the creation of Stellantis. Elkann is CEO of Exor, the Agnelli family's holding company that has stakes in various mechanical, industrial, technology, and media businesses, including a large stake in Stellantis. He owns roughly 1.04 million Stellantis shares.
- Carlos Tavares is the chief executive officer and executive director of Stellantis. Tavares was chairman of Peugeot S.A., a French multinational vehicle manufacturer that merged with Fiat. He has served on the board of Stellantis since its inception in 2021 and owns more than 1.19 million shares.
- Robert Peugeot was appointed non-executive director and vice chairman of Stellantis in 2021. He is chairman of Peugeot Invest's board. He owns 15,000 Stellantis shares.
- Henri de Castries is senior independent director and non-executive director of Stellantis. He is the former chairman and CEO of AXA S.A. (AXAHF 0.52%)(AXAHY 0.06%) and previously worked for the French Finance Ministry Inspection Office and the French Treasury Department. He owns 21,000 shares of Stellantis.
- Fiona Clare Cicconi has been an employee representative and non-executive director on the Stellantis board since 2021. She currently serves as Google's (GOOG -0.3%) (GOOGL -0.21%) chief people officer. She owns more than 11,000 Stellantis shares.
- Jacques de Saint-Exupéry is an employee representative and non-executive director who has served on the Stellantis board since 2021. He has held various positions within the Peugeot Group since 1984. He owns 1,000 shares of Stellantis stock.
- Nicolas Dufourcq is a non-executive director of Stellantis and has been on the board since 2021. He is CEO of Bpifrance S.A.
- Ann Frances Godbehere has been a non-executive director of Stellantis since 2021. She was previously M&G Group's senior vice president and controller for life and health, and property and casualty businesses throughout North America. She joined Swiss Re (SSREY 0.07%)(SSRE.F 0.04%) in 1996, after it acquired the M&G Group, and served as its chief financial officer (CFO) from 2003 to 2007. She owns about 9,600 shares of Stellantis.
- Wan Ling Martello has been a non-executive director of Stellantis since 2021. She is a founding partner at BayPine, a private equity firm, a role she has held since 2020. She is the former vice president and CEO of the Asia, Oceania, and sub-Saharan Africa regions at Nestlé.
- Kevin Scott has been a non-executive director of Stellantis since 2021. He is executive vice president of technology and research and the chief technology officer of Microsoft (MSFT -0.16%).
- Claudia Parzani joined the Stellantis board as a non-executive director in 2024. She is an Italian lawyer and serves as chair of the Italian Stock Exchange.
How to invest
How to invest in Dodge
If you buy stock in Stellantis, you'll become an investor not only in Dodge but in other American brands such as Jeep, Chrysler, and Ram as well as European automakers such as Fiat and Maserati. Since Stellantis is publicly traded, you can easily buy shares if you follow these steps:
1. Open a brokerage account. Opening a brokerage account online takes just a few minutes through most major financial institutions. You'll need to provide a few pieces of information, like your name, email, address, date of birth, and Social Security number. Once you open the account, you'll need to transfer money to start trading.
2. Set a budget. Next, determine how much you want to invest. But Stellantis (or any other individual stock) shouldn't be your only investment. You need to spread out your risk by investing across many different companies. The Motley Fool recommends building a portfolio of at least 25 stocks. If you don't want to handpick 25 stocks, an exchange-traded fund (ETF) is a good shortcut since you typically get exposure to hundreds of stocks with a single investment.
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3. Do your homework. Consider your reasons for investing in Dodge before you buy Stellantis stock. Maybe you love your Dodge vehicle, which is as good a reason as any to consider investing. But take time to look through investor presentations and read up on the risks of automaker and auto parts stocks before you become an investor.
4. Place your order. Your final step is to place an order once you've decided to invest your money. You'll need to enter the stock ticker for Stellantis, STLA. Then, you'll indicate either the number of shares you're buying or the dollar value you want to buy. You'll also need to choose between a market order (executes right away regardless of price) or a limit order (executes only at a specified price) before you place your order.
FAQ
Who owns Dodge: FAQ
Who is the current owner of Dodge?
Dodge is owned by Stellantis NV, a publicly traded multinational automaker that was formed in 2021 after a series of mergers and acquisitions.
Does GM still own Dodge?
Dodge was never owned by GM. Dodge was previously owned by Chrysler. General Motors (NYSE: GM), Chrysler, and Ford were long known as the Big Three automakers in the U.S. Today, Chrysler is owned by Stellantis.
Who is Chrysler owned by?
Chrysler is owned by Stellantis NV, which also owns former Chrysler brands Dodge, Jeep, and Ram.
Who is the mother company of Dodge?
The mother company, or parent company, of Dodge is Stellantis NV. Previously, Chrysler was Dodge's owner, but now both are among the 14 auto brands owned by Stellantis.
